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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...
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US-Iran Escalation Sends Oil Prices Higher as Strait of Hormuz Supply Risks Grow

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Kuwait Launches $3.3 Billion Tender for Major Onshore Facility Linked to Al-Durra Gas Development

Kuwait has launched a major tender for an onshore facility linked to the Al-Durra gas development. The project carries an estimated value of $3.3...
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Kuwait Moves Ahead with $372 Million Desalination Plant to Strengthen Water Security and Meet Future Demand

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

US-Iran Escalation Sends Oil Prices Higher as Strait of Hormuz Supply Risks Grow

Hormuz oil prices moved higher after renewed fighting between the United States and Iran increased concerns about regional energy supplies. The latest escalation has...

Kuwait Launches $3.3 Billion Tender for Major Onshore Facility Linked to Al-Durra Gas Development

Kuwait has launched a major tender for an onshore facility linked to the Al-Durra gas development. The project carries an estimated value of $3.3...

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GCC Faces Economic Challenges Amid Oil Price Decline

Gulf Cooperation Council (GCC) companies are navigating a complex economic challenges landscape. The dual impact of declining oil prices and escalating trade tensions presents...

Kuwait Eyes Stake in US LNG Project for Energy Growth

Kuwait LNG strategy is exploring a key opportunity in the American energy sector. Its overseas energy arm is now in talks with Australia’s Woodside...

Kuwait Oil Sector Strength Grows with KNPC-KIPIC Merger

Kuwait has launched a major transformation to boost Kuwait oil sector strength by merging two major companies. The Kuwait National Petroleum Company (KNPC) and...

Kuwait Merger Strengthens Oil Sector Development

Kuwait continues to reshape its energy industry through bold moves and strategic planning. In a major step forward for Kuwait's oil sector development, the...

Kuwait Boosts Oil Future with Burgan Field Upgrade

Kuwait plans to boost production at the Burgan oilfield to support Kuwait's oil production growth. The country aims to reverse the decline in one of...

Kuwait Oil Prices Drop as Global Crude Prices Slide

Kuwait oil prices drop again, showing how global trends affect local markets. Kuwait's oil price fell by USD 1.06. The price dropped from USD...

Kuwait Aims to Boost Oil Production and Develop Durra Gas Field

Kuwait has unveiled a strategic initiative to enhance its oil production capacity and develop the Durra gas field, despite ongoing territorial disputes with Iran....
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